Overview
- Prime Minister Narendra Modi and Prime Minister Giorgia Meloni met on the sidelines of the G20 Summit in Johannesburg and adopted the India–Italy Joint Initiative to Counter Financing of Terrorism.
- The Ministry of External Affairs said the initiative strengthens cooperation against terror financing and deepens collaboration through multilateral platforms including the FATF and the GCTF.
- The leaders reviewed gains across their Strategic Partnership and noted progress under the Joint Strategic Action Plan 2025–29.
- They discussed expanding work in trade, investment, defence, innovation, AI, space and education, with recent space-sector exchanges highlighted.
- They welcomed active business links, citing roughly $15 billion in 2023–24 trade and about $4 billion in Italian FDI since 2000, and noted support for an India–EU FTA and India’s 2026 AI Impact Summit.